Online grocery delivery provider Dunzo has terminated 3 percent of its workforce amid cost-cutting measures.
“We are looking at team structures and network design to build efficiency into our teams. As we scale from 10 to 100, we are continuously learning how to redefine business processes at scale,” Kabeer Biswas, CEO and Co-Founder, Dunzo, said.
The platform said it is extending the best support possible to help the impacted employees during their transition, without divulging details.
Dunzo in January 2022 raised $240 million to expand its footprint in India. The investment was led by Reliance Retail Ventures, with participation from existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital.